Programme overview

Upcoming intake: September 2020 - applications now open -
Duration: 2 years
Study format: Part-time (blended learning)
Workshop locations: Manchester or Shanghai

To learn more details, join our Webinar or download our brochure

To apply, please download the application form. Early Application Discount deadline is 20 April 2020.


Programme Features


Cutting-edge research

International powerhouse for Financial Technology (FinTech) research, teaching and innovation. Data Visualisation Observatory offers interactive 3D visualisation of data to visualising monetary flows and stock market behaviours in Fintech.

World recognized

The University of Manchester is ranked 27th (QS World University Ranking 2020). Alliance Manchester Business School’s Accounting and Finance Studies is ranked 21st (QS World Rankings 2019).

World-class team

Taught by one of Europe’s most experienced Accounting and Finance teams, with access to some of the most extensive financial databases and learning material around. Dedicated to educating the next generation of analysts, managers, stakeholders, regulators, investors, and entrepreneurs.

Flexible study

Studying a flexible course means you can learn while you continue to work and apply the skills and knowledge you learn immediately to solve your day-to-day business challenges in finance.

Face-to-face workshops

Meet and network with industry peers and global experts during workshops, held over six days, twice each year at our prestigious Manchester or Shanghai locations.

Practical

Designed for executives who require a better understanding of the financial impact of strategic business decisions.

Curriculum

Course units

1. Foundations of accounting

  • Introduction to accounting
  • Accounting conventions and techniques to support organisational decision-making
  • Foundations and principles of management and financial accounting

2. Foundations of finance

  • Introduction to finance
  • Time value of money and asset valuation
  • Cost of capital and capital budgeting techniques

3. Corporate finance

  • Introduction to corporate finance
  • Cost of capital estimation and advanced capital budgeting techniques
  • The choice between equity capital and debt capital

4. Global financial markets and institutions

  • Overview of the global financial system
  • Banking and financial regulation, investment banking and private equity
  • Risk management and hedging strategies

5. Data analysis and statistical techniques

  • Basic econometric tools to estimate relationships between variables
  • Formulation of empirical hypotheses to be tested
  • Interpretation of results from statistical and econometric outputs

6. Financial statement analysis

  • Strengths, limitations and developments in contemporary financial reporting
  • Interpretation and assessment of firm performance
  • Credit and debt analysis to predict the likelihood of financial distress

7. International financial management

  • Principles underlying financial decision-making by multinational corporations
  • Foreign direct investment decisions, exchange risk and hedging techniques
  • Political risk measurement and management

8. Quantitative methods for financial management

  • Sophisticated statistical tools for finance practitioners
  • Analysis and forecasts of time series data
  • Empirical interactions between stock returns, exchange rates and other variables

9. Venture capital and private equity

  • Introduction to venture capital and private equity
  • Fund raising activities by private equity investors
  • Identification of capital investment opportunities and capital allocation, and management of investments to maximise returns

10. Business models and financial strategy

  • Evaluation of alternative business models to create and capture value
  • Short- and long-term financial decisions over the lifecycle of the firm
  • Fintech and other innovative sources of finance

11. Group project

  • Identification of topic to study and formulation of plan to collect information and data on the topic
  • Selection of suitable methods and analysis of information
  • Dissemination of the results of the study

Click here to view the programme structure >>


The above information is correct at time of publication (October 2019) but subject to change

Entry requirements

The course is suitable for people who are interested in gaining a deep understanding of the characteristics and functioning of financial markets in a global context. While one does not need to be a finance specialist to take the course, a strong interest in numbers and analytics is crucial.

Academic entry qualification overview:

  • Normally, a 1st or 2:1 UK bachelor’s honours degree or a master’s degree (or international equivalent) from an institution recognised by the UK National Recognition Information Centre (NARIC).
  • We will consider candidates with a 2:2 who have at least one year of relevant professional experience and demonstrate their suitability and motivation for this course.
  • We welcome degrees from any academic discipline if you can demonstrate good numeracy and quantitative ability.

English Language requirements:

  • IELTS: 6.5 overall with 6.0 in listening, writing, reading and speaking.
  • TOEFL (iBT): 90 overall with 20 in listening, writing, reading and speaking.
  • PTE Academic: 59-65 overall with 59 in listening, writing, reading and speaking.
  • CPE or CAE (Cambridge): Minimum grade 176-184.

English Test Exemptions

As an alternative to taking an English Language Test, we can consider one or a combination of the following. If you have successfully completed a degree level qualification (recognised by UK NARIC as equivalent to a UK bachelor degree or higher), which was fully taught in English and if English is the main business language in your place of work. Contact us to find out more.

Admissions

Application

To apply, please download the application form. Early Application Discount deadline is 20 April 2020.

Fees

£19,500 payable in four instalments before the start of each semester.

Semester 1: Reservation fee on acceptance of place £1,000, balance before start of semester £3,875
Semester 2: £4,875
Semester 3: £4,875
Semester 4: £4,874

The £19,500 fee covers your tuition. It does not cover your accommodation and flight costs when travelling to the face-to-face workshops in Manchester.

Early Application Discount

1st early application deadline: Monday 3 rd February 2020: 12.5% tuition fee discount (£2,437.50)
2nd early application deadline: Monday 20 th April 2020: 10% tuition fee discount (£1,950.00)

To be eligible for an early application discount, you will need to submit a complete application on or before the early application deadline date and if offered a place, accept and pay the £1,000 reservation fee by the deadline in the offer letter (normally four weeks from date of the offer).

Scholarship Application Deadlines

1st Round: Monday 3 rd February 2020 (2 x scholarships £4,000)
2nd Round: Monday 20 th April 2020 (2 x scholarships £4,000)

There are two rounds for scholarships applications. If you would like to be considered, you will need to submit your scholarship application by the deadline date. These scholarships are currently being offered to those who apply to the UK Centre. Contact us to find out more.

Professional Services Scholarship (£4,000)

Eligibility: Candidates working for an internationally-recognised professional services company, looking to develop their knowledge in finance and accounting from our expert faculty.

University of Manchester Alumni Bursary (15% discount)

If you have successfully graduated from a degree at the University of Manchester or UMIST, you can receive an alumni loyalty bursary, which is a 15% discount on the tuition fees that you are personally funding.

One-discount policy statement

We operate a one discount policy; discounts and scholarship are not accumulative. If you qualify for more than one discount or scholarship, you will be awarded the one that is the highest amount.

Seminars
Brochure